Locust Grove, OK vs Spencer, OK

Locust Grove is moderately more affordable than Spencer, with a 14.4% lower cost of living index. Locust Grove scores 60 compared to 70 for Spencer, where the US average is 100. This difference means residents of Spencer can expect to pay noticeably more for everyday expenses, housing, and services.

On the housing front, median rent in Locust Grove is $667/month compared to $940/month in Spencer — a 29% difference. Home values follow the same pattern: Locust Grove is more affordable at $103,500 median vs $119,000.

Median household income in Locust Grove is $44,853 compared to $57,550 in Spencer (-22.1%). While Spencer is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Locust Grove spend roughly 17.8% of their income on rent, less than the 19.6% in Spencer.